“We expect a lot of financial disputes and a lot of force majeure,”...
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FM meets heads of banks on AI risks following concerns over Anthropic’s Mythos
The meeting chaired by the Finance Minister deliberated on various...
AI defining force in risk management, improving operational efficiency, mkt surveillance: SBI Chief
"The next 25 years will not just be about scale, but about...
CyberCube raises over $180 million from investor Spectrum Equity
Pascal Millaire, CyberCube CEO, said: “Cyber has the potential to become one of the largest lines of Property and Casualty insurance, as internet-connected technologies and artificial intelligence transform all corners of the global economy. With the additional...
Vietnam estimates property damage from Typhoon Bualoi at $303 mln
Bualoi made landfall on Monday in northern central Vietnam, bringing huge sea swells, strong winds and heavy rains that have killed at least 29 people and left 22 others missing, according to the disaster management agency report. HANOI: Vietnam's government said...
Death toll rises to 69 after a 6.9 magnitude earthquake strikes central Philippines
The Southeast Asian archipelago is one of the most seismically vulnerable countries on the planet, often experiencing more than 1,000 quakes a year A magnitude 6.9 earthquake struck in waters near the island of Cebu in the central Philippines late on Tuesday, the...
Geopolitical volatility surges into top 10 business risks for the first time, Aon study
"The dramatic rise of trade and geopolitical risk highlights a new reality: volatility and uncertainty are now constants for organizations. From evolving tariffs to shifting alliances, these forces directly impact organizations' balance sheets. Building resilience...
Boeing in early stages of developing 737 MAX replacement
The U.S. planemaker has also been designing the flight deck of a new narrow-body aircraft, the report said, adding that development remains in the early planning phase, with final decisions yet to be made Boeing is in the early stages of developing a new single-aisle...
OpenAI launches parental controls in ChatGPT after California teen’s suicide
Under the new measures, parents will be able to reduce exposure to sensitive content, control whether ChatGPT remembers past chats, and decide if conversations can be used to train OpenAI's models, the Microsoft-backed company said on X. OpenAI is rolling out parental...
Tata Motors’ outlook cut to ‘negative’ by Moody’s after cyber-attack halts JLR production
The cyber incident at JLR has highlighted customer relations risk under social considerations in the ESG framework, which Moody’s said was the main reason for its rating action. New Delhi: Moody’s Ratings on Monday downgraded Tata Motors’ outlook to negative from...
Govt proposes sound alert system for all electric vehicles from October 2027
The ministry in a draft notification said that all new models of electric passenger and goods vehicles manufactured after October 2026 must be equipped with AVAS, a safety feature in EVs to emit an artificial sound to alert pedestrians and other road users about their...
Mobility in Transition: Five Trends are Changing Industry’s Risk Profile
New technologies and business models are changing mobility faster than many expect. Companies that identify key trends early can secure decisive competitive advantages. Innovative solutions and experienced partners are the key to managing risks and unlocking the...
Tata Motors-owned Jaguar Land Rover begins phased IT restart after cyber-attack
JLR said its teams continue to work around the clock alongside cybersecurity specialists, the UK government’s National Cyber Security Centre (NCSC) and law enforcement to ensure the restart of full operations takes place in a “safe and secure manner” following a...